4th Mar 2016 12:00
4 March 2016
MXC Capital Limited("MXC" or the "Company")
Director and Concert Party dealings pursuant to Tender Offer
The Company was today notified of the following share dealings executed by directors and certain members of the MXC Concert Party on 3 March 2016 at 3.60 pence per ordinary share pursuant to the February 2016 Tender Offer:
Name | Number of ordinary shares prior to Tender Offer | % of total voting rights prior to Tender Offer | Number of ordinary shares sold pursuant to Tender Offer | Number of ordinary shares following Tender Offer | % of total voting rights following Tender Offer |
Marc Young | 105,582,458 | 3.33% | (814,586) | 104,767,872 | 3.33% |
Peter Rigg | 9,647,540 | 0.30% | - | 9,647,540 | 0.31% |
Paul Guilbert | 822,403 | 0.03% | - | 822,403 | 0.03% |
Ian Smith | 533,755,016 | 16.85% | (4,081,423) | 529,673,593 | 16.84% |
Tony Weaver | 594,097,944 | 18.76% | (4,758,522) | 589,339,422 | 18.74% |
Martin Bolland | 221,159,894 | 6.98% | (2,213,161) | 218,946,733 | 6.96% |
Marc Young, Ian Smith, Tony Weaver and Martin Bolland along with MXC Holdings Limited, other members of the Company's advisory committee, senior employees and related persons form the MXC Concert Party. Following completion of the Tender Offer, the percentage of total issued share capital in the Company held by the MXC Concert Party has increased from 66.85% to 66.90%.
MXC Capital Limited
Marc Young
+44(0)20 7965 8149
Zeus Capital Limited (Nominated adviser and broker)
Nick How
+44 (0)20 3829 5577
Alma PR
Josh Royston / Hilary Buchanan
+44 (0)7780 901979/+44 (0) 7515 805218
About MXC Capital (www.mxccapital.com)
MXC (AIM:MXCP) is a specialist merchant bank with a track record of investing in and advising companies in the TMT sector. We bring together a deep knowledge of technology, first-hand experience of managing companies in the sector, an ability to make meaningful investments and a highly experienced corporate advisory team in support, all of which we combine to grow shareholder value.
Related Shares:
MXCP.L